Midtown

255 West 34th Street Rises Near Halfway Mark in Midtown, Manhattan

Construction is nearing the halfway point on 255 West 34th Street, a 33-story hotel tower in Midtown, Manhattan. Designed by Stonehill Taylor Architects and developed by The Chetrit Group, the 397-foot-tall structure will yield 330 hotel rooms spread across 155,594 square feet. Flintlock Construction Services is the general contractor for the property, which is located on the southern edge of the Garment District between Seventh and Eighth Avenues, right across from One Penn Plaza and within walking distance of Madison Square Garden and Moynihan Train Hall at the James A. Farley Building.

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Madison House’s Retail Podium Nears Completion at 126 Madison Avenue in NoMad, Manhattan

Construction is finally coming to a close on Madison House, a 62-story residential skyscraper at 126 Madison Avenue in the Midtown, Manhattan district of NoMad. Designed by Handel Architects and developed by Fosun Group and JD Carlisle, the 805-foot-tall structure yields 199 condominiums with sales led by Douglas Elliman Development Marketing. The property is alternately addressed as 15 East 30th Street and rises from a plot bound by East 31st Street to the north, East 30th Street to the south, and Madison Avenue to the east.

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Construction Ramps Up on Terminal Warehouse Renovation at 261 Eleventh Avenue in West Chelsea, Manhattan

Construction is full swing on the Terminal Warehouse, a seven-story commercial conversion at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project will overhaul the 121-year-old warehouse structure and yield a mix of Class A office suites, retail space, and dining options. L&L and Normandy Real Estate Partners purchased the Terminal Warehouse in 2018 for $880 million, and CBRE helped to arrange construction funding from the Blackstone Real Estate Debt Strategies platform, Goldman Sachs, KKR, and Oaktree Capital Management. New Line Structures & Development is the general contractor for the property, which is bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

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Exterior Work Concludes on Lyra NYC at 555 West 38th Street in Hudson Yards, Manhattan

Construction is wrapping up on Lyra NYC, a 52-story residential skyscraper at 555 West 38th Street in Hudson Yards. Designed by Pelli Clarke Pelli Architects with SLCE Architects as the architect of record and developed by Rockrose, the 570-foot-tall tower will yield 598 rental units in studio to two-bedroom layouts. Site C GC is the general contractor for the property, which is located along Eleventh Avenue between West 38th Street and West 39th Street, directly across from the Jacob K. Javits Center.

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FIT’s New Academic Building Tops Out at 220 West 28th Street in Chelsea, Manhattan

Construction has topped out on Fashion Institute of Technology‘s ten-story New Academic Building at 220 West 28th Street in the Garment District of Chelsea. Designed by SHoP Architects, the 110,000-square-foot structure is engineered to achieve LEED Gold certification and will yield new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company is the general contractor for the Midtown, Manhattan project, which is located between Seventh and Eighth Avenues, within close proximity of Penn StationMadison Square Garden, and Moynihan Train Hall.

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